Buying a new home and stepping up the property ladder has become more accessible to many through the Help to Buy scheme. But this scheme is coming to an end at the end of the year so make sure you read the 5 steps below on how Help to Buy can help you move into your dream home.
Step 1. Save your 5% deposit
Save up 5% deposit to buy a home with Help to Buy: equity loan. The traditional 10% deposit is can be challenging to save, so the option to buy sooner than you thought is always welcome. Get in touch with our sales consultants who can assist you understand more about affordability.
Step 2. Discovering your home
Go to our website to see well designed new homes in London and south east England. On our website you can also book a viewing at your dream home and our Sales Consultants will discuss details with you on how we can help you step up the ladder.
Step 3. How much will the mortgage be?
Our Sales Consultant will put you in touch with an independent mortgage broker, who can help you find a 75% mortgage with Help to Buy and finalise how much you’ll need for a deposit. To get a rough idea of what numbers you could be looking at get in touch with our sales team.
Step 4. Apply for an interest free equity loan
You’ll need to apply for a Help to Buy equity loan worth up to 20% of the price of your new home. The maximum you can borrow from Help to Buy in England is £120,000 and up to £240,000 for London. Our Sales Consultant will be able to outline the differences between buying with Help to Buy inside and outside of London as prices vary.
Step 5. The final stretch to becoming a homeowner
Don’t worry – our team will be on hand to help you to find your new home and to guide you through your Help to Buy application. Your Sales Consultant will make sure the process of buying a new home with Help to Buy goes smoothly every step of the way, right up to the day you move in.
The Help to Buy offer ends in Spring 2021 so don’t miss out! Get in touch with us to step up the property ladder by calling us on 0345 606 1221 or you can email us on [email protected]